Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to acquire 875 Country Hills Drive (the “Property”), a 20,540-sf medical office building located in South Ogden, Utah. Currently serving as the Country Hills Eye Center, the tenant plans to sign a short-term extension (4-6 months) prior to vacating the Property. This is a prime opportunity for both owner-users and investors to secure a top-tier, fully built-out medical office that is equipped with surgery rooms. In addition, the Property is in a highly desirable location, right next to McKay-Dee Hospital.
Built in 1998 on a 2.45-acre site, the Property features a substantial 4.67x parking ratio and is conveniently located on Country Hills Drive (40th Street) in South Ogden. This area is a major retail and medical-office corridor with an average daily traffic count of 20,255 vehicles. Less than a quarter mile southeast of the Property is the McKay-Dee Hospital, Intermountain Health’s 3rd-largest hospital, with 1,000 employees and 310 licensed beds. The hospital spans 730,000 sf. Additionally, a Smith’s anchored retail center nearby draws significant foot traffic to the area.
The Property benefits from strong area demographics. Within a 5-mile radius, there are 59,221 households with a median household income of $78,080, indicating a robust local economy. This high household count, coupled with strong median incomes, demonstrates increased demand for medical services in the area. As Utah’s population continues to age, this location will only become more valuable.
This offering presents a rare opportunity to acquire quality medical space in an up-and-coming submarket.